tax consequences Archives

Understanding The Tax Consequences Of The Mortgage Forgiveness Debt Relief Act

Tax Consequences

Over the past couple of weeks there have been numerous news stories, both local and national, citing real estate experts who suggest that if homeowners don’t sell this year, they could face big tax consequences because the Mortgage Forgiveness Debt Relief Act (MFDRA) will expire. If you are not familiar, the MFDRA was first enacted… Read More →

The Tax Implications From A Short Sale, Foreclosure

Short Sale - AZ Business Magazine January/February 2012

The truth of consequences: There can be tax implications from a short sale and foreclosure The only sure things in life are death and taxes. And like death, taxes can sometimes sneak up and surprise you. Some homeowners who have faced foreclosure or a short sale might be startled to learn that they may face… Read More →

Learn To Avoid Investment Mistakes

Investing wisely

Avoiding big mistakes can have a significant impact on a long-term investment. This impact may be more significant than the performance of a specific fund, stock, bond, or alternative investment. More often, big mistakes occur when investors begin making decisions based on emotions such as fear and greed, rather than using logic and objectivity when… Read More →